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're with us, i'm jenna lee. jon: and i'm jon scott. new developments in the drama that grips capitol hill and the white house. dueling plans are out now on raising the limit to our nation's credit card and reducing the deficit. wendall goler, our senior foreign affairs correspondent, is live on the north lawn. wendall? >> reporter: jon, starting today house republicans will begin trying to sell their proposal to cut the deficit and raise the debt ceiling to democrats, and if they don't, democrats in the senate will then try and sell their plan to republicans. the chairman of the president's national economic council says mr. obama's address to the nation last night was a warning that democrats and republicans aren't even close. >> what the president was trying to do was let people know that we really are at a stalemate, that we have, that nothing is coming out of congress that is likely to pass be both houses and that this is a time where we as a country have to come together and have compromise and have bipartisanship. >> reporter: saturday was the last time the president and can congres
's whole grain in every box. make sure to look for the white check. jon: high noon here on the east coast on this historic friday. hello to you, i'm jon scott. thisthis is "happening now." patti ann: and i'm patti ann brown. happening now, tragedy at the texas rangers ballpark. a fan falls to his death trying to catch a foul ball tossed from the outfield. jon: it happened right in front of thousands of horrified onlookers including the man's young son. chris gutierrez live from dallas. what happened, chris? >> reporter: jon, you know, you've been to baseball games, you know how common it is for baseball players to pick up a ball and just toss it into the stands. well, that's what happened last night in the second inning of the texas rangers baseball game. josh hamilton, an outfielding for the texas rangers, scooped up a foul ball and tossed it to the fans, but that fan overstretched his bounds. he lost his balance, and he plunged head first some 20 feet below, jon. in fact, i'm told that when he landed, the paramedics say initially he was responsive, but he died on his way to the hospital
public affairs programs. tonight on road to the white house, republican regimental candidates at -- jon huntsman's remarks at a rally. then periscope, restoring america's financial future. and another chance to see q&a with nicholas be. nick gillespie.the lusb a meeting at the white house rather than earlier this evening and president obama met with congressional leaders for about an hour and 15 minutes to talk about the deficit reduction plans. the white house plans to put forward a package of $4 trillion worth of cuts that they last night, house speaker john boehner said republicans would not accept a plan that includes tax increases. they want to include cuts of up to during talks led by vice president biden. mitch mcconnell echoed the speakers' remarks, saying that it was a bad idea with the economy. for the increase is of a second. two of the president's top advisers say he will continue to press for his plan. the white house chief of staff and treasury secretary said the president going into the meeting wanted a deal that combined spending cuts, an entitlement reforms and tax incr
. >>> coming up, one of the repuicans who would like to be president, jon huntsman, today some non-candidates are ahead of him in the polls, so he's making a few changes. we'll talk to him about that. >>> friends and family say good-bye to amy winehouse. >>> there's jon huntsman there. >>> amy winehouse's father reveals new details from the night she dids. this is "the early show." we'll be right back. >> this portion of "the early show" sponsored by big lots. think extreme value, big lots. your favorites, in pieces. ♪ [ cat meows ] ♪ [ whistles ] ♪ [ cat meows ] ♪ [ ting! ] [ male announcer ] travelers can help you protect the things you care about and save money with multi-policy discounts. are you getting the coverage you need and the discounts you deserve? for an agent or quote, call 800-my-coverage or visit travelers.com. i didn't understand it. i found out that connected to our muscles are nerves that send messages through the body. my doctor diagnosed it as fibromyalgia -- thought to be the result of overactive nerves that cause chronic, widespread pain. lyrica is be
karl is in washington and has more on all this. good morning, jon. >> reporter: good morning, robin. there is no presidential candidate with more momentum right now than michele bachmann. ♪ my home in -- >> reporter: no republican presidential candidate has taken a harder line on the debt ceiling showdown than michele bachmann. >> we were all shocked and appalled that president obama dangled out in front of the cameras that senior citizens may not get their checks. that's a very dangerous statement to make. we don't believe -- excuse me. excuse me. we don't believe that for a moment. >> reporter: tough talk from bachmann is nothing new but she now speaks with new-found authority as a top tier contender for the republican presidential nomination. a new national poll puts bachmann firmly in second place as the leading challenger to front-runner mitt romney. and in key first caucus state iowa, three separate polls over the past week put bachmann in first place. >> republican primary voters are looking for somebody who has -- brings some excitement, who brings something different to t
, quite a reaction there. listen, jon. williams was tiger's last link to his glory days and he took a lot of heat to tiger's scandal. wa's going on here. >> williams worked for another player. williams is upset. given what's gone on with tiger woods, how could this be handled so poorly? this is turned the biblical story. this guy had it all and it keeps crashing down. month by month, there's sort of another decline. he could let it turn into a p.r. nightmare really boggles the month. >> how much is tiger going to miss williams as he tries to make a comeback from his recent scandal and the injuries. >> this is a guy who's going to get snapped up in a second. >> until he can get back out there on the golf kourks people see him on the putting green limping around. until his body stops betraying him, it's almost a moot point. you wonder how this could go so badly. >> jon wertheim, thank you. author of the book "score casting." go out and get that book. >>> next hour we're going to be talking with hall of fame quarterback fran tarkenton about the lockout and also his thoughts about the suit by
over new hampshire and mitt romney is going to be spending some time there, also, as is jon huntsman. this the day after they finish their fundraising. jon huntsman's campaign said they raised $4 million. you'll see drips and drabs of that. we'll see how much money people have been raising, it might give you a sense of how well their campaigns are going. >> if you're trying to raise 0 money and get votes, you can't take the weekend off. tim farley, morning briefing on sirius xm potis. bill clinton sat down for a one-on-one with our wolf blitzer. >> how worried are you right now about president obama getting re-elected? >> well on today's facts i'll be surprised if he's not re-elected. i think people understand this recession was more severe than the one i had. >> who is the strongest republican candidate out there? >> i can't tell you. >> who do you fear the most? >> i think the president will win. but you know, as you might imagine, as a democrat who is -- i've always thought myself as pro growth, pro business, pro labor democrat, i like you know, i like governor huntsman, i like go
,000,000.20000000 dollars, the next four candidates according to these figures, tim pawlenty, ron paul, jon pawlenty, ron paul, jon huntsman, that does not even add up to 15 million. it is still seen as a slow money raising cycle? guest: because mitt romney had done the things that were necessary to get off to a fast start. relative to the rest of the field, however, when you look at this point in the 2008 cycle, mitt romney raised more than $20 million. rudy giuliani, $17 million. john mccain, the eventual nominee, $11 million. three big guns out front, competing against an open democratic field, we did not know that president obama's fund-raising operation would be the juggernaut that it turned out to be. at that point, with an unknown opponent, there was more fund- raising by individual candidates and folks using the gop nomination than we see at this point in a comparable cycle where we do know who the opponent is going to be. they know that money will be important and yet the numbers are substantially behind. it is disappointing. it has to be a letdown for the republican field. host: kenneth vogel w
as a public service. >> "washington journal" continues. host: we are back live jon hilsenrath of "the wall street journal." taking a look at this week's economic rebound, that is what the- taking a look at weak economic rebound. here is the headline from "the wall street journal" this morning, "companies bracing for the fall." guest: american companies are operating in a very uncertain environment right now. they have been disappointed by what happened in the first half and have been talking to companies over the last few days. they were expected to have a good pickup in spending in the first half of the year and it did not happen. whether or not they have cut inventories or are deciding whether or not to cut back beyond that, what they do not want is uncertainty, which is what they are getting. host: the chief at the financial times is saying that for his business, small and mid-sized companies are pulling back and are not sure. guest: right. this is largely because of the uncertainty that they face. there is a risk of financial disruption. the faults, downgrades. you never really know h
's bring in jake tapper and jon karl from capitol hill. jon, they tried to work on a smaller reduction deal but that didn't go much better. >> reporter: the divide is as deep as ever. they outlined 1.7trillion cuts, not enough but democrats called it completely unacceptable because it included cuts to medicare and no tax revenue increases. steny hoyer said he couldn't get a senior democratic vote for a plan. >> that means that it couldn't pass. courthouse have any idnew ideas >> reporter: they're pushing for the big deal, a lot of pain at one, entitle tks. president obama outlined the plan and said, you can't expect seniors to give up $500 when you went own ask for $5 from people like me. wealthy individuals. >> jon, the leader mitchell mcconnell is looking at a contingency plan which could be a short-term extension. >> reporter: he's tight-lipped about what they mean. they could give him a chance to accept that which he ruled out or one with no tax increases. >> the president very clear on that. >> reporter: he said he's not signing any short-term plans. the debt ceiling needs to be raised
and roasted garlic seafood bake or sn crab and crab butter shrimp. [ jon i wouldn'tut it my table at home, i wouldn't bring it in. my name's jon forsythe, and i sea fd differently. you have arrived. sweet belt. e-reader for textbooks. gps. video camera for lectures. game pad. have you considered this ? it's got all tha and more than 200,000 apps. technology to learn and play on-the-go. only at verizon. android powered. playstation certified. the xperia play by sony ericsson. only $99.99. we're just concerned about the price. we're starting a family. it's a ally good deal. [ car alarm ] show me the carfax. show me the carfax. but it's a really good deal. [ car alarm ] show us the carfax. yeah. before you buy a used car, get a carfax vehicle history report. see accidents and service reported to carfax... and a price based on the car's history free at thousands of reputable dealers. just say, show me the carfax >> good morning, everyone. you made it to the middle of the week. it's wednesday, july 27th. thank you for sharing your time. g.o.p. goes back to the drawing board. house speaker john b
as well. tim pawlenty, 3%. jon huntsman, who has staked a lot of his campaign on winning new hampshire and had this big rollout with a lot of media coverage, only at 2% at this point. he is right there with herman cain and newt gingrich. surprising numbers there and very good numbers for mitt romney. we mentioned in that poll there, tim pawlenty, he also is not doing very well in that poll. he is hoping, obviously, to win iowa where is he staking all of his campaign and brought what is basically a pretty good political young gun on his squad, sarah huckabee sanders, the doubt of mike huckabee, who won the iowa caucuses back in 2008, she has joined his campaign. so you can say that tim pawlenty is looking for some huck luck. and sarah huckabee was a big part of the huckabee campaign and will be a big part of pawlenty's campaign. if pawlenty will do well in iowa, sarah huckabee will be a big bet to help him because right now, he needs all of the help he can get. >> jim acosta, thanks. your next political update in an hour. always get all of the political news 24/7 at cnn/politics.com. >>
)s, other big costs. jake tapper and jon karl have been tracking it. >> reporter: last night after their prime time addresses to house speaker john boehner was overheard saying he didn't sign up to go mano a mano with the president after the president called for congress to compromise. the president spoke sternly to the american people last night blaming house republicans, especially freshmen, for holding up a debt deal. >> the only reason this balanced approach isn't on its way to becoming law right now is because a significant number of republicans in congress are insisting on a different approach. >> reporter: house speaker john boehner responded that the president wants to continue his rampant spending. >> the president often said we need a balanced approach, which in washington means, we spend more and you pay more. >> reporter: right now there are two competing bills, to raise the debt ceiling and reduce the deficit. a house one that likely cannot pass the senate and a senate one that cannot likely pass the house. both cut more than $1 trillion in spending and do not raise ta
'enfant plaza during the jon stewart sanity rally sending dozens of riders tumbling to the bottom. in may, the number of escalators out of service was 103 out of nearly 600 escalators. today, it is around 80. >> i wish they would invest the money in getting the things done faster. >> many of the 82 are out of service because we're rebuilding them, not because they're broken. >> reporter: well, there are other issues in this report card including metro police officers complaining that their radio service is working. sometimes, sometimes not. it is so bad some officers refuse to go to some stations when they have no radio service. that could be a big, huge safety issue. also some rail car reliability that can cause some delays. doors not opening and also injuries to riders have also increased. this report will be presented in front of the metro board later on this morning. andrea? >> surae chinn reporting live at the foggy bottom metro station in northwest washington. >>> a heads up for everyone who uses branch avenue in and out of the district. ddot will close the road at pennsylvania ave
and the city showed their gratitude. corey patterson, davis and then aaron hill. jon rauch on the mound for the jays in the 9thial shane victorino with the base hit.clase utley gets to 2nd ahead by the tag of arencibiaed. here is how much rauch doesn't like the call, 6'10, 200-pound man the umpire is trying to control. rauch and farrell are tossed. >>> the subway series from new york with the yankees at at mets. robinson cano and yankees win it 5-2. that is their seventh straight win. >> former athletic mark ellis in the 2nd inning in colorado against kansas city's davies. this makes it to the gap in right center and knocks in two. ellis with his second straight 3-hit game since the trade on thursday that sent him to the rockies. the royals made a game of it, but in the 6th,troy tulowitzki with his 17th homer. >>> women's tennis has a new marquee name thanks to the past two weeks at world wide web. it 21-year-old petra kvitova in her first grand slam match against maria sharapova. the last women's leftie to win at world wide web, martina navratilova there to witness. kvitova made it ac
the talks by vice president biden. the majority leader represented house republicans, jon kyl for senate republicans, and that vice president. they have been talking about all lot of cuts, both to discretionary and non- discretionary spending, but there the problem is that it does not seem to add at to what they would need to meet the president's requirements to get the country through the next election. that would be somewhere in the area of $2.4 trillion increase in the debt ceiling. john boehner has made it clear that for any increase in the debt ceiling, they will not need more than a one-one increased ratio. quite frankly the democrats have not agreed to that level of cuts. it looks like they will go back today, scour potential areas of saying that they have talked about, and see how much they can agree to and go from there. agree to and go from there. host: in your article from yesterday's with the headline " boehner tells conference big deal no longer operative," you said that there were criticisms for the grand bargain. he pays -- he faced opposition from eric cantor. they presen
won't believe where. [ jon ] we don't just come up here for the view up in alaska. it's the cleanest, clearest water. we find the best, sweetest crab for red lobster we can find. yeah! [ male announcer ] hurry in to crabfest at red lobster. the only time you can savor three sweet alaskan crab entrees all under $20, like our hearty crab and roasted garlic seafood bake or snow crab and crab butter shrimp. [ jon ] i wouldn't put it on my table at home, i wouldn't bring it in. my name's jon forsythe, and i sea food differently. i wouldn't bring it in. the eagle flies at dawn. the monkey eats custard. price-line ne-go-ti-a-tor. so, you've been double crossed by other travel sites and now you want to try the real deal. yes, is it true that name your own price... ...got even easier? affirmative. we'll show you other people's winning hotel bids. so i'll know how much to bid... ...and save up to 60% i'm in i know the lady in leather travels on three wheels. wait, is that code? that's my secret weapon... ...naomi pryce see winning hotel bids now at priceline. i don't always have time to eat li
. >> reporter: computer programmer jon bradley's software revealed the damning evidence. but after he testified, bradley tells nbc news he checked the results and discovered a software glitch. there was but one search for chloroform, not 84. defense attorney jose baez tells nbc news prosecutors never told him when they found that out, as required by law. but in a statement issued tuesday, the orange county state attorney's office said all of this information was disclosed to the defense in a timely manner. former federal prosecutor kendall coffey. >> prosecutors want to win, but they have to do it the right way. and that means a duty to turn over evidence that's helpful to the defense even if that causes the prosecutor to lose the trial. >> reporter: as both sides continue to spar outside the courtroom, we still do not know where casey anthony is. she could be at one of several mental health facilities that are not far from this location here. her lawyers certainly say she needs attention after spending three years solitary in a jail cell, or she could be in california at the beach. we just don
for millions of unemployed americans. >> jon huntsman is not participating in the iowa primary. he gave a pretty clear indication why at a campaign event in florida. >> if you own florida, you own the presidency. >> he also called the $14 trillion debt a cancer growing in this country that needs to be read ated and cut out. >>> the u.s. may decide to withhold millions in military aid to pakistan. this is according to a "new york times" report. the u.s. is said to be unhappy with the efforts that pakistani army has been making against the taliban as well as al qaeda. as well as $800 million in assistance could be suspended. this could cause some major problems. if pakistan takes tougher action, the aid could resume. mean while, defense secretary leon panetta is in afghanistan. panetta is meeting with american military leaders and afghan officials. nbc's atia abawi is in kabul this morning. bring us up to speed on what leon panetta is saying that al qaeda is basically on the run and close to being completely stamped out. >> reporter: good morning, thomas. the new secretary of defense's fi
if there is an opening for a guy like gary johnson. maybe even a guy like jon huntsman more serious than gary johnson is trying to define himself as the maverick of john mccain way back was. maybe there's an open fog him. >> perry, there's got to be something to the fact that she draws a lot of media. how do you get angry at someone who likes toe go hunting and eats pizza with a fork in new york with donald trump? nobody can bring that -- >> reverend i agree. there is some strong support. if she ran in iowa she would do weal. >> thank you very much, steve and perry. thank you both for joining us. we will be right back. plus a full serving of fruit. but it just tastes like fruit. and try our deliciously refreshing v8 v-fusion + tea. but it just tastes like fruit. somewhere in america, a city comes to life. it moves effortlessly, breathes easily. it flows with clean water. it makes its skyline greener and its population healthier. all to become the kind of city people want to live and work in. somewhere in america, we've already answered some of the nation's toughest questions. and the over sixty thous
of our president." >>> former utah governor, jon huntsman was in the granite state. when asked if he agreed with romney's assessment, he skirted the issue, focusing on what he and his party can offer voters. >> some of your independence, some of you are unaffiliated. all i will say from the outset is take a look at where we've been, where we've been, where we stand, make an informed decision and come back and talk to us. if we can't get you at that point, we're doing something wrong. >> i didn't hear what they can offer the voters, did you, pat? >> i don't think it was in there. >>> former godfather's pizza ceo herman cane made a stop. he spoke with the "today" show to shore up his credentials. >> i'm already talking to national security people, former intelligence people, talking to former generals and people in the military to begin to develop ideas about how i would deal with the crises we're in. you don't need foreign policy to know who your friends and enemies are. you don't tell your enemy what your next move is. >> the candidates making the rounds. i'm curious about huntsman,
and roasted garlic seafood bake or snow crab and crab butter shrimp. [ jon ] i wouldn't put it on my table at home, i wouldn't bring it in. my name's jon forsythe, and i sea food differently. the chevy cruze eco offers an epa estimated 42 miles per gallon on the highway. how does it do that? well, to get there, a lot of complicated engineering goes into every one. like variable valve timing and turbocharging, active front grille shutters that close at high speeds, and friction reducing -- oh, man, that is complicated. how about this -- cruze eco offers 42 miles per gallon. cool? ♪ >> here's a number for you. five. one out of five american men is out of work. and the longer they're unemployed, the harder it is to get back in the work force. they're calling this now, fk o, there's a phrase. the man-cession. poppy harlow is in new york with more. a man-cession. how do the men compare with the ladies when it comes to job loss? >> that's a good question. you said it right there. 1 in 5 american men are not working today. it's's up from 7% in 1970. that's according to a mu mckenzie study. this
seafood bake or snow crab and crab butter shrimp. [ jon ] i wouldn't put it on my table at home, i wouldn't bring it in. my name's jon forsythe, and i sea food differently. >>> in norway police began releasing the name of victims killed in the attack. the lawyer said his cloint was a little bit surprised he was able to carry off the bombing and shooting rampage that killed 76 people last friday. he also says he thinks his client is insane. >> this whole case indicates he's insane. he's in a war, says the rest of the world, especially the western world, don't understand his point of view but in 60 year's time we all will understand. >> the lawyer says it's too early to say if breivik will plead insanity. breivik's father speaking out saying he would have been better off if he killed himself. the father says he feels incredible grief or despair over what happened. he says he'll never have any contact with his son again. >>> it just may be the most egregious example to date of widespread corruption in average american taxpayer money, hundreds of millions of dollars ending up in the hands of
the speeches from this weekend, the speech speeches from- president obama and senator jon kyl of arizona. >> the plan would force us to relive this crisis in a few short months. it would hold washington captain to politics once again. that is not acceptable. any solution to avoid default must be bipartisan. it must have the support of both parties that were sent here to represent the american people. not just one faction of one party. there are multiple ways to resolve this problem. congress must find common ground on a plan that can get support from both parties in the house and the senate. it has got to be a plan i can sign by tuesday. the parties are not that far apart. we have agreement on how much needs to be cut to reduce our deficit. we have agreed on how to tackle entitlement reform. there are plenty of ways out of this mess. there is little time. we need to reach a compromise by tuesday so that our country will have the ability to pay its bills on time. bills like contract we have signed with thousands of american businesses. if we don't, we could use our -- lose our country's a
and roasted garlic seafood bake or snow crab and crab butter shrimp. [ jon ] i wouldn't put it on my table at home i wouldn't bring it in. my name's jon forsythe, and i sea food differently. hello parents, it's going to be a big school year. your kids are going to climb rope. they're going to have a year long tug war with the ceiling. and by the time they get out of 8th grade, they're going to do it with sweat on their brow and achievement in their hearts. so, this is what they're gonna need: running shoes, t-shirts, tube socks, fruit cups, cheese sticks, energy bars, rope climbing gloves, rope burn ointment and a jump drive. not sure what that is, but they're gonna be jumpin'. school takes a lot. target has it all. n [ female announcer ] where will you be when you have to change your pad? now with stayfree you don't have to worry.cc1: inspired by athletic wear only stayfree has thermocontrol to wick away moisture. so you're dry and comfortable up to 8 hours. stayfree. 00 years? aside from laser guns and time travel, the first plas
.2 million and jon huntsman with $4.1 million. trailing them, herman cain with $2.5 million, newt gingrich 2 million. michele bachman will release hers later. >> which candidate should be excited? ron paul is incredible. which should be more concerned? >> no one on the list should be excited about their numbers. mitt romney, by virtue of the fact he's so far ahead has the least reason to be freaked out. the story of the fund raising of all these numbers is the story of closed wallets and the story of how -- >> yes, some are waiting still. >> so much of the republican donor class is still sitting with checkbooks closed, unhappy with the field, not writing checks, still waiting for something. i don't know what. they have not been -- this is not a show of great enthusiasm. the president is vulnerable. they work in the field and they are not thrilled about any of these guys. >> an incredible time of opportunity, that is sure. >> for a lot of that quarter, tim pawlenty was considered a front-runner. he was the alternative to mitt romney. that pitch didn't resinate at all. he's closer to raising m
race than he was a few weeks ago. jon, we were talking earlier on the surface it seems like a few points shift but given the backdrop of this economy and unemployment it's pretty dramatic. >> and the factor seems to be the debt ceiling standoff. take a look at the numbers against mitt romney, the president last opened up a lead, a pretty significant lead you see there of 51% to 44%. the lead is even more dramatic against other other candidate. look where he was a month ago, mitt romney was tied with president obama. the big factor here, in fact, the only factor that has really changed is that independent voters have moved away from the republicans and towards the president. >> so independent voters watching the debt showdown and weighing in. >> reporter:s that sea exactly right and don't like the way the republicans have been handling it. >> speaking of the republicans you take a look at how they're stacking up with the race. a familiar name starting to inch up. >> romney is still the front-runner if you look at the republican field. but look who is number two, not even a candidat
. and "studio b" with jon
every day. you've been watching. you see how we do it. but it's nothing like jon stewart. >> the president continued, "i have shown enormous willingness to compromise." >> mr. obama then left, saying, "i'll see you tomorrow." >> oh, [ bleep ]! oh, no, he didn't. the president all stormed out and was like, okay, tomorrow then. [ laughter ] what? that's not storming out. that's ending a meeting by scheduling the next meeting. >> political buzz is your rapid-fire look at the hottest political topics of the day. three questions, 20 seconds on the clock. and playing today, democratic national committee member robert zimmerman. cnn contributor and independent john avlon. and republican strategist and columnist for the "hill" newspaper sherry jacobus. first question, guys, while republicans in washington look like they're moving closer to a deal, sarah palin is digging in, advising now is not the time to retreat, it's the time to reload and reload with reality. okay. who's right? sherry? >> you know, i'm with her on this one. this isn't supposed to be easy. i think it should be
in almost as soon as the jobs report came in from mitt romney, tim pawlenty, jon huntsman. on capitol hill, john boehner was asking a familiar question, a question he's been asking for years -- >> after hearing this morning's jobs report, i'm sure the american people are still asking the question, where are the jobs? the stimulus spending binge, excessive government regulations and overwhelming debt continue to hold back job creators around our country. tax hikes on families and job creators only make things worse. >> reporter: and, of course, democrats will say to john boehner, and they are saying to john boehner this morning, there are job creation proposals that democrats say they have pending up on capitol hill that they would like to see passed. of course republicans say the same thing, they have job creation proposal pending if only the democrats would come to the table. and at the white house press briefing the press secretary jay carney said one way to get jobs going is pass some sort of agreement to raise the debt ceiling and bring the debt under control. of course we're all waiti
fired from non-policy on jon boehner. they are shorthand for the incredibly narrow range of choice that we actually have in political -- and elected officials. >> to house financial services subcommittee funny joint hearing on mortgage service in a foreclosure mitigation is. they also discussed the role of federal regulators in the ongoing mortgage service the negotiations. among those test thing at the hearing was david stevens, president of the mortgage and the immediate former commissioner of the federal housing administration. this is about three hours in 35 minutes. >> this hearing will come to order. and that you think my ranking member, mrs. moloney as well as oversight investigations chairman, if new cabal or who will be here in a few minutes and is ranking member, mr. pappalardo for organizing this joint hearing. many members have a great interest in having a hearing on the topic of march at servicing. it's light of today's hearing will provide a forum for members to cover multitude of subjects involving servicing. we were all shot at the news was followed allegations that
-reduction legislation today. let's hear from milton, florida, waiting for president obama. this is jon on our independents line. caller: hello. i am disabled, and i am in a drug program. people are peeing dirty in the program and tax payers are paying for this. but ok, it is not fair to the ones that are trying. they're clean and in doing right. another thing is ssi. people do not pay into ssi. they never work. and they never paid into it. nine times out of tin, there drug users. they use their money for drugs. host: all right. we will let you go there. kentucky, james. what is the name of your city? caller: i live in hillview, a suburb of louisville, ky. host: all right, what is the way forward here? the house has stalled and the senate this waiting. caller: it is simple. if we had a president like truman or like clinton, he would not hesitate in an emergency like this to use the 14th amendment. that is what if it is therefore, for emergencies. this country is in an emergency now. if we default, it'll be the president's fault for not having the guts to use the 14th amendment to solve this pr
'm the senate republican whip jon kyl of arizona. by now, but americans the lawmakers are engaged in a difficult debate about the debt ceiling, the legal limit to the amount of money the federal government can borrow. the debt ceiling is currently set at a little more than $14 trillion and if the congress and the president don't reach an agreement to raise it by tuesday, the treasury secretary tells us america will no longer be able to pay its bills. the consequences of missing this deadline could be severe. it is precisely because of washington barrault's so much money, more than 40 cents out of every dollar spent. spending would have to shrink by 40% quickly. what is more, markets would likely respond, dropping in value and hurting their retirement savings of millions of americans. republicans have tried to work with democrats to avoid this result and put our country on a better path, but we need them to work with us. we start from the understanding that the reason the debt ceiling is a problem is because of runaway washington spending. republicans have been united in the belief that raising t
house? guest: mitt romney and jon huntsman, because they are the moderates in the field. mitt romney was a good governor of massachusetts. i actually think that on the whole, anyone of the plausible candidates is a real threat to the white house. unemployment is near 9%, job growth is slow, income growth is slow. the economic fundamentals shows that the white house should be worried about winning reelection next year. regardless of who is the gop nominee. host: there is a story in the politico that herman cain's top staff in iowa has resigned. guest: he also lost his new hampshire staff so that is a trend. her manner crane only reported $2.5 million raise, including a lot of seed money from his own personal fortune. the operative said he had hired, good people that know the system, looked at his campaign and decided that this was no longer of that they wanted to make. guest: i agree. herman cain was a boutique candidate. he impressed a lot of people but when push came to shove, no one wanted devoted -- wanted to vote for him. host: carolyn sacramento, thank you for waiting. caller: w
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